Trading floors are on alert. If the Supreme Court decides to green-light the Trump administration's tariff hikes—especially the more aggressive ones—markets could face serious shocks. Strategists at Jefferies are warning investors to get defensive positions ready before the ruling drops. The consensus: an unexpected court approval would be a game-changer, triggering major volatility across markets. Those holding crypto and traditional assets should be thinking about hedging strategies now. The window to prepare isn't that wide, and volatility could hit hard regardless of which way the gavel swings.